Abu Dhabi’s Fertiglobe plans trial shipments of DEF to Europe
Abu Dhabi-based Fertiglobe, a joint venture between Abu Dhabi National Oil Co and chemical producer OCI, said it will produce diesel exhaust fuel (DEF) from its Egyptian Fertilizer Co.(EFC) facility in Egypt in Q4 2022, as it looks to diversify its product offerings. Trial shipments will be marketed by OCI in Europe, the fertilisers and […]
UAE, Indonesia to develop cooperation in energy sector
The UAE Ministry of Energy and Infrastructure and the Indonesian Ministry of Energy and Mineral Resources have signed a Declaration of Intent to boost the economic and social development between the two countries and exchange knowledge and data in the energy sector. Signed during a joint meeting between the two countries at the […]
Etihad, Cepsa partner for decarbonisation of air transport
Etihad Airways, the national airline of the UAE, has signed an agreement with Cepsa, a Mubadala group company, to accelerate the decarbonization of air transport by researching and producing sustainable aviation fuels (SAF). The sustainable fuels will be produced from circular raw materials that do not compete with food resources, such as used […]
Kromberg & Schubert opens $82mln wiring plant in Fujairah
Kromberg & Schubert, a leading German manufacturer of complex wiring systems for the automotive industry, has announced the opening of its new AED300 million ($82 million) plant in Fujairah Free Zone. An international industrial company with more than 100-year history, Kromberg & Schubert is mainly engaged in the production of cable harnesses, and […]
Al Gharbia Pipe wins big supply contract for Abu Dhabi project
National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (The Group), has signed a purchase order agreement with Abu Dhabi-based Al Gharbia Pipe Company (AGPC) for the supply of 87 km of 34′ submerged arc welding line pipes for the Lower Zakum Long Term Development Phase-1 (LZ LTDP-1) New Main Gas […]
AD Ports Group acquires 80% of GFS for $790mln
Abu Dhabi’s AD Ports Group has announced an AED 2.9 billion ($790 million) acquisition of an 80% stake in Dubai-based Global Feeder Shipping (GFS), implying a 100% enterprise value of AED 3.7 billion ($1 billion). The ports company said the acquisition of GFS had been fully funded through a new acquisition loan. “This earnings and […]
From a Michelin-starred restaurant to the best of street food: 6 must-try dishes at Dubai’s Global Village
The 27th season of Global Village is well underway with brand new pavilions, attractions and entertainment options. When the KT team reached Global Village on Wednesday at 5.30pm, it was already bustling with people. As the evening wore on, the destination became ever busier, as residents and visitors flocked to check out all the new […]
ADNOC Refining secures new international partners, further enabling UAE’s Industrial Growth
ADNOC Refining, a joint venture company between the Abu Dhabi National Oil Company (ADNOC), Eni, and OMV, announced today that it has entered into a strategic agreement with ADQ, an Abu Dhabi-based investment and holding company, Veolia Middle East (Veolia), and Vision International Investment Company (Vision Invest) to acquire its waste management operations […]